Our Network

Register for our free newsletter

 
 
Latest News
OPEC Oil Output in April Highest Since 2008

OPEC Oil Output in April Highest Since 2008

OPEC crude oil output in millions of barrels per day in April and March, according to a Reuters survey published on Monday. The survey indicates the Organization of the Petroleum Exporting Countries is pumping much more than the target of 30 million barrels daily it adopted at a December meeting in the group's first new output agreement in three years.

May 1, 2012 9:53
 
Saudi Arabia Denies Plan for Swedish-Built Arms Plant

Saudi Arabia Denies Plan for Swedish-Built Arms Plant

Saudi Arabia said it has no plans to acquire an arms factory from Sweden, weeks after the Swedish defence minister was forced to resign over reports Stockholm planned to help the conservative Muslim state build such a plant.

April 15, 2012 9:20
 
Samsung Awarded Two Contracts for Qatar's Lusail City

Samsung Awarded Two Contracts for Qatar's Lusail City

Qatar's Lusail Real Estate Development Company (LREDC) has signed two agreements with Samsung C&T Engineering and Construction Co, a subsidiary of Samsung Group, to build bridges, highways and electricity plants.

April 9, 2012 4:31
 
Dubai Holding Confirms Final Agreement Reached with DIC lenders

Dubai Holding Confirms Final Agreement Reached with DIC lenders

Board of Directors to be appointed. Fadel Al Ali to be Chairman

April 5, 2012 2:07
 
12